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protesters have gathered inside the statehouse saying the law could lead to big pay cuts. yesterday, president obama spoke out against it forcefully. 23 states, the ones in yellow, have the right-to-work laws. to pass in the state of michigan is a huge development. that is the heart of organized labor. a defeat there could signal trouble if unions across the nation. we have mike tobin from the capital in lansing. what is the status of the legislation? >>reporter: a bill regarding right-to-work for public sector employees is on the way to the governor's desk. a similar bill for private employees is hung up by a motion to reconsider which needs to be approved by the legislature falling on party lines. the motion will fail. it is a way of saying the bill related to private sector employees is on the way to the governor's desk but taking a longer time to get there. the democratic leadership will admit right-to-work is going to be a reality in the cradle of organized labor. >>shepard: what is the scene like? >>reporter: it is calmed down. there was a dustup earlier. there was o
protesters have gathered inside the statehouse saying the law could lead to big pay cuts. yesterday, president obama spoke out against it forcefully. 23 states, the ones in yellow, have the right-to-work laws. to pass in the state of michigan is a huge development. that is the heart of organized labor. a defeat there could signal trouble if unions across the nation. we have mike tobin from the capital in lansing. what is the status of the legislation? >>reporter: a bill regarding...
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. >> shepard: the white house says president obama believes he can cut a deal with house republicans to keep from all going over the fiscal cliff. the president is refusing to compromise on letting tax cuts expire on incomes of more than $250,000 a year. g.o.p. leaders are calling that a job killer and a deal breaker. of course, if we fall off the fiscal cliff, we'll all die, right? actually, taxes will go up for pretty much everybody and automatic spending cuts kick in on knew year's day. the president and the house speaker met face-to-face just yesterday for the first time since the election, but are they talking about it? no. today an aide said the speaker is willing and still waiting for counteroffer from the president. ed henry is live at the white house. i don't know, ed. a meeting happens and nobody says anything. this could be seen as something more good than bad. >> reporter: exactly. because they didn't come out of the meeting beating each other up and saying i'm never going to sign a deal with the other guy. the fact that they're keeping this quiet, hush hush for now in te
. >> shepard: the white house says president obama believes he can cut a deal with house republicans to keep from all going over the fiscal cliff. the president is refusing to compromise on letting tax cuts expire on incomes of more than $250,000 a year. g.o.p. leaders are calling that a job killer and a deal breaker. of course, if we fall off the fiscal cliff, we'll all die, right? actually, taxes will go up for pretty much everybody and automatic spending cuts kick in on knew year's...
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it's fairly aapparent that barack obama has put no meaningful cuts, spending cuts on the table. anybody who pays attention knows that. the president does not want a cut. he wants the big government. he wants to spend. in fact, he wants 500 million more to throw into some stimulus that hasn't worked the first two times he tried it. why do the american people say it's the g.o.p.'s fault when the president obviously isn't giving anything at all up? >> well, bill you know that and i know that in part because we watch fox news, and fox news reports it that way which is the straight forward way to report it. you can find that out from the other media, but you have to read it carefully because it's not apparent. all the conversation, all the discussion, all the news that's made in this whole discussion since the end of the election has been about what? it's been about tax rates on the rich. >> bill: right. >> that's been the whole story. the fact that the president hasn't come forward with anything meaningful on the spending side, especially on the entitlement side, it's possible to fi
it's fairly aapparent that barack obama has put no meaningful cuts, spending cuts on the table. anybody who pays attention knows that. the president does not want a cut. he wants the big government. he wants to spend. in fact, he wants 500 million more to throw into some stimulus that hasn't worked the first two times he tried it. why do the american people say it's the g.o.p.'s fault when the president obviously isn't giving anything at all up? >> well, bill you know that and i know that...
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back real spending cuts. >> we with r running out of time. time to to see if the president is willing to cut any spending at all. >> ia carney held up the president's budget plan again. >> it's not a mystery. we have seen this before. this is the document that contains the specific spending cuths. >> except in that budget, the president includes $100 billion in medicaid cuts. that would have come from shifting more costs to states. yet; just yesterday the department of health and human services revealed it no longer supports those cuts. because the supreme court landmark healthcare decision allows states to opt out of the new laws medicate expansion. when carney was pressed today on how to white house will make up the spending cut, he hedged minutes after demanding more specifics from bane baun on taxes. >> i have to get you more -- see if we have more specifics for you. >> this comes a the white house thinks the heavy pressure from the fellow democrats who today demanded no cuts to any of the health entitlement programs. >> we are not budgin
back real spending cuts. >> we with r running out of time. time to to see if the president is willing to cut any spending at all. >> ia carney held up the president's budget plan again. >> it's not a mystery. we have seen this before. this is the document that contains the specific spending cuths. >> except in that budget, the president includes $100 billion in medicaid cuts. that would have come from shifting more costs to states. yet; just yesterday the department of...
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. >> eric: president obama offered zero credible spending cuts. zero. he said, we'll defer spending cuts ten, 20 years down the road if we get the tax increases in the meantime. i think it's time -- brit hume had an idea that it may look like the republicans are going to be the problem if we go off the fiscal cliff. i'm going to tend to disagree with what he's going to say. take a listen. >> the american people say it's the gop's fault when the president obviously isn't giving anything at all up. >> well, bill, you know that and i know that in part because we watch fox news and fox news reports it that way, which is the straightforward way to report it. you can find that out from reading other media, but you have to read it carefully because it's not apparent. all the conversation, all the discussion, all the news that's made in this whole discussion since the end of the election has been about what? it's been about tax rates on the rich. >> right. >> that has been the whole story. >> steve: it should be about spending. there are polls that show 60% of
. >> eric: president obama offered zero credible spending cuts. zero. he said, we'll defer spending cuts ten, 20 years down the road if we get the tax increases in the meantime. i think it's time -- brit hume had an idea that it may look like the republicans are going to be the problem if we go off the fiscal cliff. i'm going to tend to disagree with what he's going to say. take a listen. >> the american people say it's the gop's fault when the president obviously isn't giving...
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speaker boehner co-oped obama's language with raising taxes on the rich. i'm saying, wait a minute, there are things you can do. i thought there was a good piece in the "washington post" today, laying out five steps. stand your ground, go on offense, and pass your plans. >> yeah. one of the things we don't do is, we don't make the point that if we are going to do revenue enhancements, they must be in exchange for spending cuts and should happen together. we can no longer do spending cuts with promised reductions in spending that never happen. >> sean: why aren't we talking about the moral imperative? i think this is a moral imperative. we're borrowing 46 cents of every dollar. we're robbing our children and grandchildren. >> right. >> sean: why isn't that the debate that's front and center? everyone says we ought to raise taxes on the rich. that lasts 8 1/2 days a year. >> obama has co-oped the message, let's raise taxes on the rich, which actually brings very little money, does not solve the problem. it's a symbolic gesture rather a real gesture. the real
speaker boehner co-oped obama's language with raising taxes on the rich. i'm saying, wait a minute, there are things you can do. i thought there was a good piece in the "washington post" today, laying out five steps. stand your ground, go on offense, and pass your plans. >> yeah. one of the things we don't do is, we don't make the point that if we are going to do revenue enhancements, they must be in exchange for spending cuts and should happen together. we can no longer do...
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president obama tock his message on the road speaking to auto workers to talk about the plan to cut taxes that will go into effect on january 1st if congress fails to act. >> what you need is a package that keeps taxes where they are for middle class families. we make some tough spending cuts on things that we don't need and then we ask the wealthiest americans to pay a slightly higher tax break. >> the president met privately with house speaker john boehner to discuss the matter. in a statement to fox business about that meeting speaker boehner's spokesman said discussions with the white house are taking place but we have no detail to share about the conversations. the republican offer made last week remains a republican offer. we continue to wait for the president to identify the spending cuts he has as part of the balanced approach he promised the american people. if they are going to reach a deal, there is still a lot of work to be done and very little time to do it. experts say a blue print deal must be reached sometime this week. hopefully by thursday. at least by that time to give
president obama tock his message on the road speaking to auto workers to talk about the plan to cut taxes that will go into effect on january 1st if congress fails to act. >> what you need is a package that keeps taxes where they are for middle class families. we make some tough spending cuts on things that we don't need and then we ask the wealthiest americans to pay a slightly higher tax break. >> the president met privately with house speaker john boehner to discuss the matter....
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president obama has not offered a specific plan for spending cuts. he has offered economic stimulus for job creation, but he has offered about $400 billion in medicare cuts as a starting point. president obama seems to be going to the mat on raising the top tax brackets for houses burning $250,000 or more, and this is what the republicans for political and historical reasons have had the most trouble. host: house republicans, according to "usa today," -- guest: the best indicator of that would be the budget passed by the house by paul ryan, and it includes budget category cuts lead in transportation, or social services for income security. it does not get to the specific program-level, but he is talking about a 26% cut in transportation, which analysts have extrapolated and could mean a huge cuts in the number of air-traffic controllers, for example which would cause flight delays and cancellations. they would have to get more specific later on. that is the general framework. host: how much does domestic spending consume of our federal government? gu
president obama has not offered a specific plan for spending cuts. he has offered economic stimulus for job creation, but he has offered about $400 billion in medicare cuts as a starting point. president obama seems to be going to the mat on raising the top tax brackets for houses burning $250,000 or more, and this is what the republicans for political and historical reasons have had the most trouble. host: house republicans, according to "usa today," -- guest: the best indicator of...
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to make cuts in social security insurance and medicare insurance barely senator corker is unaware of what happened last time the republicans held the debt ceiling hostage our economy tanked the fact that he and his republican colleagues in congress are willing to let that happen again is very very. coming up america's middle class is shrinking more and more each day thanks in part to the collapse of this nation's public education system what can be done to maintain the quality of education at our nation's public schools and to protect their label as america's great social equalizer i'll tell you in tonight's deleted. the worst you're going to think. the white house to give a. radio guy minutes. away. because you've never seen anything like this unfold. oh so there's a disconnect about what's officially reported what actually happened that we can't accept the stuff that's handed down. and economic news across the pond policymakers in the u.k. continue to ignore reality is by watching austerity ravage the british economy and force that nation into a double dippers. session the conserva
to make cuts in social security insurance and medicare insurance barely senator corker is unaware of what happened last time the republicans held the debt ceiling hostage our economy tanked the fact that he and his republican colleagues in congress are willing to let that happen again is very very. coming up america's middle class is shrinking more and more each day thanks in part to the collapse of this nation's public education system what can be done to maintain the quality of education at...
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obama wants $350 billn in entitlement cuts over the next ten years, mr. boehner wants $800 billion in entitlement cuts, and we're going to see a big, dramatic negotiation. and whatou and i is -- and all of our fellow americans are looking at is the prospect of a recession next year if the president and mr. boehner can't come to an agreement, as much as a 10% unemployment rate because both this president and the republican party, as you can see here, are playing at the margin. and the national media is not focusing on what the realy is. they're just playing games right in washingn.he folks in office andhis president is guilty of class warfare. fo what? for that? are you kidding me? president obama seems to love the drama. i thought he dn't like drama. but the reality iss there will e is little impa our fiscal future. and as nation, after all of the drama and whatever the outcome, we remain in geat jeopardy. because this isn't a fiscal future any of us, any of us wants. >>> morsi declares martial law in gypt and claims he's not a dictator. the obama mile ea
obama wants $350 billn in entitlement cuts over the next ten years, mr. boehner wants $800 billion in entitlement cuts, and we're going to see a big, dramatic negotiation. and whatou and i is -- and all of our fellow americans are looking at is the prospect of a recession next year if the president and mr. boehner can't come to an agreement, as much as a 10% unemployment rate because both this president and the republican party, as you can see here, are playing at the margin. and the national...
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what did the obama arithmetic that $1 trillion we have already cut. >> 800 billion for the board that would be financed anyway, there has to be real cuts happening at the same time. neil: rudy guiliani. i am headed to washington to save us from the mess. be where. i am coming. girl: n't look at me. second girl: your hais a bit frizzy tod. aw! ha ha! you shoulpick at up. announcer: every day, kids witness bullying. poor youha ha! they want to hel but don't know how. teach your kids how to be more than a bystander. visit stopbullying.gov. ♪ grew up in a all town and when the rain would fall down ♪ ♪ i'd just stare ou my window ♪ ♪ dreaming of what could be and if i'd end up happy ♪ ♪ i would pray i could breakaway ♪ i'll spread my wings and i'll learn how to fly ♪ i'll do what it takeses till i touch the sky ♪ ♪ i gotta take a risk, take a chance, me a change, and break away ♪ ♪ wanna feel the warm breeze, sleep under a palm tree ♪ ♪ feel thrush of the ocean ♪ ♪ get on board a fast train, traveon a jet plane far away ♪ ♪ and bak away ♪ out of the
what did the obama arithmetic that $1 trillion we have already cut. >> 800 billion for the board that would be financed anyway, there has to be real cuts happening at the same time. neil: rudy guiliani. i am headed to washington to save us from the mess. be where. i am coming. girl: n't look at me. second girl: your hais a bit frizzy tod. aw! ha ha! you shoulpick at up. announcer: every day, kids witness bullying. poor youha ha! they want to hel but don't know how. teach your kids how to...
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what d the obama arithmetic that $1 trillion we have already cut. >> 800 billion for the board that would be financed anyway, there has to be re cuts happening at the same time. neil: rudy guiliani. i am headed to whington to save us from t mess. be where. i am coming. but we c still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all inne place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors now get 200 free trades when you open an account. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with priloseotc and don'tet heartburn in the firsplace! [ male annncer ] e pill eachmorning. 4 hours. zero heartbur neil: as if i am n busy enough but this super heroes day is never done after talking to astronauts now trying to get washington to do
what d the obama arithmetic that $1 trillion we have already cut. >> 800 billion for the board that would be financed anyway, there has to be re cuts happening at the same time. neil: rudy guiliani. i am headed to whington to save us from t mess. be where. i am coming. but we c still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do...
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ed to president obama hit the road to rally support from his plan. cbs reporter danielle nottingham has the latest from washington. >> president obama's public campaign to steer clear of the fiscal cliff took him to a diesel engine planted detroit. >> if congress doesn't act soon, meaning in the next few weeks, starting on january first, everybody's going to see their income taxes go up. >> private face to face talks were revised this weekend when house speaker boehner went over to the white house. neither side is releasing details about the conversation, but taxes are still the big sticking point. >> i'm not going to have a situation where the wealthiest among us, including folks like me get to keep all our tax break. >> while republicans have adamantly opposed raising taxes, now some are considering it if democrats agree to social security and medicare changes. republicans were disappointed with the proposed spending cuts in the president's first offer which do not include changes to entitlement programs. >> we have got to do something about the sp
ed to president obama hit the road to rally support from his plan. cbs reporter danielle nottingham has the latest from washington. >> president obama's public campaign to steer clear of the fiscal cliff took him to a diesel engine planted detroit. >> if congress doesn't act soon, meaning in the next few weeks, starting on january first, everybody's going to see their income taxes go up. >> private face to face talks were revised this weekend when house speaker boehner went...
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president obama has put spending cuts on the table. he's put an increase in the tax rates for the wealthiest americans on the table. we've put making sure that we have p get a tremendous amount of savings out of the entitlement programs. what have the republicans put on the table? virtually nothing. it is time to be rational and compromise. >> to that point, what haley barber said this morning about the possibility of compromise. he was on "morning joe" today. >> as a republican, i would take raising the rates on the two top brackets if, in return, we had tax reform laid out over a period of months, if we had entitlement reform. i would hold my nose despite the facts that raising those two tax is bad economics, bad for jobs, going to hurt the economy. i would hold my nose to get the other done. what i wouldn't do is vote for that and do nothing else. >> does he have a point? are democrats really prepared to deal with entitlement reform to maybe substantive cuts, the kinds the republicans are calling for? >> chris, hail by barbour menti
president obama has put spending cuts on the table. he's put an increase in the tax rates for the wealthiest americans on the table. we've put making sure that we have p get a tremendous amount of savings out of the entitlement programs. what have the republicans put on the table? virtually nothing. it is time to be rational and compromise. >> to that point, what haley barber said this morning about the possibility of compromise. he was on "morning joe" today. >> as a...
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president obama has not offered a specific plan for spending cuts. he has offered economic stimulus for job creation, but he has offered about $400 billion in medicare cuts as a starting point. president obama seems to be going to the mat on raising the top tax brackets for houses burning $250,000 or more, and this is what the republicans for political and historical reasons have had the most trouble. host: house republicans, according to "usa today," -- guest: the best indicator of that would be the budget passed by the house by paul ryan, and it includes budget category cuts lead in transportation, or social services for income security. it does not get to the specific program-level, but he is talking about a 26% cut in transportation, which analysts have extrapolated and could mean a huge cuts in the number of air-traffic controllers, for example which would cause flight delays and cancellations. they would have to get more specific later on. that is the general framework. host: how much does domestic spending consume of our federal government? gu
president obama has not offered a specific plan for spending cuts. he has offered economic stimulus for job creation, but he has offered about $400 billion in medicare cuts as a starting point. president obama seems to be going to the mat on raising the top tax brackets for houses burning $250,000 or more, and this is what the republicans for political and historical reasons have had the most trouble. host: house republicans, according to "usa today," -- guest: the best indicator of...
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president obama outlined specific cuts in his proposal to the republicans. while republicans have not offered anything specific in cuts whatsoever, and of course nothing specific in revenue whatsoever. all generalizations. the republicans want more spending cuts, tell us what you want. that's what i say to them. we can't read their minds. we're not going to make the proposal for them. republicans know perfectly well that democrats are willing to make tough choices on these issues, if in fact they understand, which i hope they do by now, that we're going to look out for the middle class first. the only thing standing in the way of an agreement is republicans. their insistence on holding tax cuts for middle class families hostage to the fiscal cliff. there's a lot of bluster coming from republicans but that facade is crumbling quickly. every day we read about more republicans breaking rank, calling on the speaker to allow tax rates to rise on the wealthiest. yesterday, it was carson and culver. today former governor haley barbour, here's what he said. i as a r
president obama outlined specific cuts in his proposal to the republicans. while republicans have not offered anything specific in cuts whatsoever, and of course nothing specific in revenue whatsoever. all generalizations. the republicans want more spending cuts, tell us what you want. that's what i say to them. we can't read their minds. we're not going to make the proposal for them. republicans know perfectly well that democrats are willing to make tough choices on these issues, if in fact...
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president obama has offered not real specific plan for spending cuts. in fact he has offered to, he wants to do a little bit of economic stimulus for job creation. but he has offered about 400 billion in medicare cuts as a starting point. but president obama is, seems to be going to the mat on raising the top two tax brackets for households earning 250,000 or more. and this is what the republicans, political and for historical reasons have had the most trouble with. >> host: house republicans according to the "usa today", we're looking 300 billion in mandatory savings and 300 billion in discretionary savings. that is their proposal so far put out by the speaker. what are we talking about here? >> guest: the best indicator of that would be the budget passed by the house compiled by paul ryan, the chairman of the budget committee who recently ran for vice president and it includes budget category cuts like in transportation or in social services for income security. it doesn't get down to the specific programs level but he is talking, you know, 26% cut in
president obama has offered not real specific plan for spending cuts. in fact he has offered to, he wants to do a little bit of economic stimulus for job creation. but he has offered about 400 billion in medicare cuts as a starting point. but president obama is, seems to be going to the mat on raising the top two tax brackets for households earning 250,000 or more. and this is what the republicans, political and for historical reasons have had the most trouble with. >> host: house...
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agreed to extend bush tax cuts for all. income is not strong there show the argument to raise taxes now it is not only better than it was two years ago. but does the government need to tax and borrow in order to spend or is the government actually less constrained in its spending than believed and do budget deficits matter much less right now than we may think well stephanie helton chair of the economics department at university of missouri kansas city and a subscriber of modern monetary theory is here to talk about just that plus the senate is reportedly looking at extending a two thousand and eight at the financial crisis measure that guarantees one hundred percent of all checking account bank deposits now to see b.o.'s to mates the f.d.a. does not collect enough fees to offset the risk exists as another subsidy for too big to fail banks we have a reality check plus a talian technocrat leader mario monti versus bunga bunga three times former prime minister silvio berlusconi their latest debate centers around a different a
agreed to extend bush tax cuts for all. income is not strong there show the argument to raise taxes now it is not only better than it was two years ago. but does the government need to tax and borrow in order to spend or is the government actually less constrained in its spending than believed and do budget deficits matter much less right now than we may think well stephanie helton chair of the economics department at university of missouri kansas city and a subscriber of modern monetary theory...
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, the bush tax cuts and the obama tax cuts which have severely reduced the amount of revenue. the tax burden on americans from the federal government today is an 80-year low. we cannot fund the government with the revenues and loss in jobs that we have. host: cbo has done a study. including all parts of the tax cuts, and you have sequestration, you could increase the budget in very short order. this is a combination. we have had spending increases. the worst spending is dropping precipitously and we're still running a $1 billion deficit. it is about taxes, it is about other spending. in the future it will be about social security and medicare and medicaid, all of which go into negative financing at the end of the decade. guest: the debt doubling has been the consequence of tax cuts, lower revenues, the layoffs that happened and the recession we are still somewhat in. it is not true that all the social entitlement programs are going to the red at the end of the decade -- social security is likely to be very heavily financed by itself right through 2040. medicare has a real prob
, the bush tax cuts and the obama tax cuts which have severely reduced the amount of revenue. the tax burden on americans from the federal government today is an 80-year low. we cannot fund the government with the revenues and loss in jobs that we have. host: cbo has done a study. including all parts of the tax cuts, and you have sequestration, you could increase the budget in very short order. this is a combination. we have had spending increases. the worst spending is dropping precipitously...
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he said president obama is refusing to lead on spending cuts. and he accused him of shaking down top earners for more tax money. >> until the president gets specific about cuts, nobody should trust democrats to put a dime in revenue toward real deficit reduction. >> at the same time, democrats rallied on capitol hill this morning with a warning of their own. >> to all you negotiates -- negotiators who are negotiating on this so-called fiscal cliff and stuff, keep your hands off medicare and keep your hands off medicaid. >> reporter: speaker john boehner is expected to make comments on the house floor. this is the first time we'll hear from him since he met with president obama at the white house on sunday. alison burns, ktvu channel 2 news. >>> 8:16. in afghanistan. >> , the head of the women's affairs -- the head of the women's affairs was shot to death. the husband of nadia said she was attacked by masked gunmen as she headed to work. this is images from her funeral. she took over the job after the woman killed by the bomb had it. >>> the rela
he said president obama is refusing to lead on spending cuts. and he accused him of shaking down top earners for more tax money. >> until the president gets specific about cuts, nobody should trust democrats to put a dime in revenue toward real deficit reduction. >> at the same time, democrats rallied on capitol hill this morning with a warning of their own. >> to all you negotiates -- negotiators who are negotiating on this so-called fiscal cliff and stuff, keep your hands...
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obama two years ago exnded all the bush tax cuts for two years. there is no reason not to do that again. his reason --. melissa: he ll not agree it though. seems like the only way to get a deal done heres to give an inch much of ground? >> there is no deal if he wants to raise taxes. -phe can veto any, the republicans have already passed through the house making those tax cuts permanent. if the gnat, which hasn't acted, hasn't voted, remember the reason whwhy we have this odd position of some of t weird polling that you're talking about which is different thanhe traditional polling is that we've had news blackout about whatoesn inside these negotiations. we've been insisting that we should have those negotiations between boehner, reid, everybody foets harry reid is in the room and obama with c-span cameras there so every american can see what actual happens. if they saw what they're talking about, we would have a much better deal at the end of the day. melissa: i don't know. i think we wld a be in agony watchin what was happening there. >> you wou
obama two years ago exnded all the bush tax cuts for two years. there is no reason not to do that again. his reason --. melissa: he ll not agree it though. seems like the only way to get a deal done heres to give an inch much of ground? >> there is no deal if he wants to raise taxes. -phe can veto any, the republicans have already passed through the house making those tax cuts permanent. if the gnat, which hasn't acted, hasn't voted, remember the reason whwhy we have this odd position of...
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president obama and house speaker john boehner are keeping tight-lipped about those talks. in michigan on monday, the president warned going over the fiscal cliff will cost jobs and send the country in a downward spiral. >>> colorado is now the second state after washington in which marijuana is now legal. that became the law yesterday, when the governor put a voter-approved amendment into the state's constitution. the implementation of the law will be worked out by a special task force. in a statement, the u.s. attorney noted that pot remains illegal, though, under federal law. >>> well, family and friends are remembering that navy s.e.a.l. who gave his life to rescue an american doctor in afghanistan. abc's senior foreign affairs correspondent martha raddatz has more on the life of this fallen warrior. >> reporter: nicolas checque was just 28 years old. but for much of the last decade he had been a navy s.e.a.l. the last five years, part of the elite s.e.a.l. team six. in iraq, afghanistan, wherever he was needed, checque carried out dangerous missions. just like the one
president obama and house speaker john boehner are keeping tight-lipped about those talks. in michigan on monday, the president warned going over the fiscal cliff will cost jobs and send the country in a downward spiral. >>> colorado is now the second state after washington in which marijuana is now legal. that became the law yesterday, when the governor put a voter-approved amendment into the state's constitution. the implementation of the law will be worked out by a special task...
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they're hoping obama will show his cards and come out with cuts for entitlements and then they will show something on tax cuts. >> he has no incentive to do anything at least publicly. >> will they show their cards on tax cuts first ? >> they have to. >> who is going to show their hand first. >> the republicans. they're going to have to. obama can stand pat and he's doing it right now. he can be cool hand luke. >> i think that's the way he is playing, very cool. thank you. he's going to force john boehner to come out and say what he wants done to protect the rich people or not protect them. thank you ron reagan, thank you and dana mill ban. >>> a big anti-union vote in mooer michigan is coming up. a right and left going at it. it isn't about gutting unions. a lot of people think so. stf about lowering wages and hurting democrats? you bet. >>> plus the most talked about movie in hollywood hasn't even talked about. it's about torture. many critics say "zero dark thirty" suggests without torture we wouldn't have gotten the guy. it's going to be hot. >>> and the gop's favorite supreme court
they're hoping obama will show his cards and come out with cuts for entitlements and then they will show something on tax cuts. >> he has no incentive to do anything at least publicly. >> will they show their cards on tax cuts first ? >> they have to. >> who is going to show their hand first. >> the republicans. they're going to have to. obama can stand pat and he's doing it right now. he can be cool hand luke. >> i think that's the way he is playing, very...
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boehner was really only talking about the cost cuts that he's looking for from obama. obama's just trying to negotiate. so i don't even know why he spoke today. maybe to throw some cold water on the notion or maybe throw hope. we don't know. the point is ignore the headlines. let's just -- just invest for longer term. >> josh, what do you make of the 100-point move we're seeing in the dow today? it is the fifth straight session that the dow has been higher. we haven't had a stretch like that since march. >> scott, bank of america merrill lynch is out with a report today. they look at fund flows. what they've seen is something remarkable. individuals have been selling. but institutions and he think funds have been net buyers for the last four week institutions have bought an average of $300 million in net worth of stock. what that's telling you is that they're way more concerned with getting in position for next year and whatever the fed's going to do. tomorrow it's widely expected bernanke's going to announce some kind of a transaction in which he buys basically $650 b
boehner was really only talking about the cost cuts that he's looking for from obama. obama's just trying to negotiate. so i don't even know why he spoke today. maybe to throw some cold water on the notion or maybe throw hope. we don't know. the point is ignore the headlines. let's just -- just invest for longer term. >> josh, what do you make of the 100-point move we're seeing in the dow today? it is the fifth straight session that the dow has been higher. we haven't had a stretch like...
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but in terms of the demands for specifics, you know, obama wants more specifics from boehner. boehner wants more specifics of obama. who's going to show their hand first in this game of chicken? >> well, i certainly hope the president doesn't because he's got all the cards. he has aces up the sleeve so, you know, the bush tax cuts simply expire at the end of the year. i know there's a lot of worry and a lot of concern about what happens if we go over the fiscal cliff, curb, slope, whatever. maybe it's not optimal but it's way better than a bad deal and i think i can't see getting a serious deal done before the holidays. if you talk about all of the intricate things that wonks on both sides maybe could agree, i'm not sure i would agree to any of them, they're so complicated. senator durbin made this point. maybe you force changes on medicare or social security, i hope not but if you do, you can't do that in ten days or five business days or whatever it is. these things take a lot of time and so for the president to -- for democrats to agree to sort of kick the can, extend the t
but in terms of the demands for specifics, you know, obama wants more specifics from boehner. boehner wants more specifics of obama. who's going to show their hand first in this game of chicken? >> well, i certainly hope the president doesn't because he's got all the cards. he has aces up the sleeve so, you know, the bush tax cuts simply expire at the end of the year. i know there's a lot of worry and a lot of concern about what happens if we go over the fiscal cliff, curb, slope,...
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president obama and house speaker john boehner are keeping tight lipped about their closed door weekend talks. but in michigan monday, the president had a warning about going over this now infamous fiscal cliff. >> consumer spending is going to go down. that means you've got less customers. businesses get fewer profits. they hire fewer workers. you go in a downward spiral. >> speaker boehner says he's still waiting for the president to identify spending cuts that he's willing to make to help deal with the nation's debt crisis. >>> thousands of demonstrators are expected to gather at the michigan state capital today in protest of a right-to-work measure. the legislation would bar unions from requiring non-union workers to pay those union fees. democrats met with the governor to urge a veto. and carollers gathered singing modified christmas songs in protest of the proposal. president obama said the legislation is about giving workers the right to work for less money. of course, the president enjoying a lot of support from the unions. if this does indeed happen, michigan will become the 24
president obama and house speaker john boehner are keeping tight lipped about their closed door weekend talks. but in michigan monday, the president had a warning about going over this now infamous fiscal cliff. >> consumer spending is going to go down. that means you've got less customers. businesses get fewer profits. they hire fewer workers. you go in a downward spiral. >> speaker boehner says he's still waiting for the president to identify spending cuts that he's willing to...
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house republicans have just three weeks to find a compromise o stop automatic tax hikes and spending cuts. and both sides say they're ready to . cbs reporter danielle nottim on the "sacred cow" that mit be key to the solution. suggested lead: the pres >>> now at 6:30, president obama hits the road to sell his solution for avoiding the fiscal cliff. the president and the house republicans have just three weeks to find a compromise to stop automatic tax hikes and spending cuts, and both sides say they are ready to talk. cbs 5's danielle nottingham on what might be the key to the solution. >> president obama's public campaign to steer clear of the fiscal cliff took him to a diesel engine planted detroit. >> congress doesn't act soon, meaning the next few weeks, starting on january first, everybody's going to see their income taxes gop. >> private face to face talks were revised this weekend when house speaker john boehner went over to the white house. neither side is releasing details about the conversation, but taxes are still the big sticking point. >> i'm not going to have a situation whe
house republicans have just three weeks to find a compromise o stop automatic tax hikes and spending cuts. and both sides say they're ready to . cbs reporter danielle nottim on the "sacred cow" that mit be key to the solution. suggested lead: the pres >>> now at 6:30, president obama hits the road to sell his solution for avoiding the fiscal cliff. the president and the house republicans have just three weeks to find a compromise to stop automatic tax hikes and spending cuts,...
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and spending cuts that we know as the fiscal cliff. why did frankie muniz have a mini stroke sat age 27 in the former "malcolm in the middle" star will join us to talk to us about the health scare. >>> new world order, asia returning to the power it last held in the middle ages, what this means for the u.s. >>> i'm okay. >> a ceiling collapses in the middle of an interview, a storm tears through the south. we'll have an update on the damage straight ahead. >>> we're rocking out this morning, juk lavell, the fifth rolling stone will talk about the stones tour, tuesday, december 11th and "starting point" begins right now. >>> welcome back, bob shrum, ryan lizza, from "the new yorker" john berman have a seat, christine romans sticking around to help us out. our "starting point" zipped lips on capitol hill, how rare is that. if silence is golden maybe we'll have a deal on the fiscal cliff crisis sometime soon. there's 21 days left before the tax hikes and spending cuts kick in to send us over the cliff or down that gentle slope as some lik
and spending cuts that we know as the fiscal cliff. why did frankie muniz have a mini stroke sat age 27 in the former "malcolm in the middle" star will join us to talk to us about the health scare. >>> new world order, asia returning to the power it last held in the middle ages, what this means for the u.s. >>> i'm okay. >> a ceiling collapses in the middle of an interview, a storm tears through the south. we'll have an update on the damage straight ahead....
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today president obama outlined the deficit reduction legislation he would sign into law. >> what you need is a package that keeps taxes where they are for middle class families, we make some stuff spending cuts on things that we don't need, and then we ask the wealthiest americans to pay a slightly higher tax rate. and that's a principle i won't compromise on because i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks and then we're asking students to pay higher student loans. >> krystal, the republicans are on the run here. the new reel that we get to run every night about the latest republicans saying this is absolutely hopeless is absolutely amazing. limbaugh is an amazing spot tonight saying that he doesn't think that there is any republican that can stop this. >> my favorite has been ann coulter. >> how do you win this if all the rates go up? >> i think they are exactly right. i mean, if you're going to have -- if you're going to get what you want if you're republicans, you have to be able to threaten something
today president obama outlined the deficit reduction legislation he would sign into law. >> what you need is a package that keeps taxes where they are for middle class families, we make some stuff spending cuts on things that we don't need, and then we ask the wealthiest americans to pay a slightly higher tax rate. and that's a principle i won't compromise on because i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks...
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they won't cut spending. i fear republicans are going to raise taxes to pay for president obama's spending. that's wrong. it's not going to work. that leads us over into a debt ceiling disaster and a possible downgrade of the credit rating. tracy: all we're good at is kicking the can. keep fighting the good fight. don't give up. >> we won't, thank you. tracy: good. we're like beckham, kick, kick. when we come back, is try -- is china trying to take over? a look of their moves inside the u.s.. president obama get his way or boehner or either? who knows. the results of a new report next. copd makes it hard to breathe, but with advair, m breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than
they won't cut spending. i fear republicans are going to raise taxes to pay for president obama's spending. that's wrong. it's not going to work. that leads us over into a debt ceiling disaster and a possible downgrade of the credit rating. tracy: all we're good at is kicking the can. keep fighting the good fight. don't give up. >> we won't, thank you. tracy: good. we're like beckham, kick, kick. when we come back, is try -- is china trying to take over? a look of their moves inside the...
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where you found that, he's already taken 700 billion out in savings for obama care, so we don't know where that was actually going to be. >> how does this play out. is it possible you guys go home for the holidays without a deal done? you've been told what about christmas and the day after? >> we've already been told to prepare to come back after christmas because this may not be finished. >> when were you told that? >> eric cantor at our conference. the reality, and i hate this, it really frustrates me, but sometimes deals don't get done until there's one minute left on the clock rainfall according to the urban institute, cato institute, other research institutions, typical household will extract $3 of medicaid for every $1 they pay in. a single working household, six to one. $6 for every $1 they pay in. >> no wonder we're bankrupt. >> are you willing to tell people no? are you willing to tell grandma, dad, look, you can't have this. >> there is a lot of inefficiencies in medicare. just the way the system is done breeds that kind of waste in the system. if we're going to do medicare
where you found that, he's already taken 700 billion out in savings for obama care, so we don't know where that was actually going to be. >> how does this play out. is it possible you guys go home for the holidays without a deal done? you've been told what about christmas and the day after? >> we've already been told to prepare to come back after christmas because this may not be finished. >> when were you told that? >> eric cantor at our conference. the reality, and i...
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the re-election of president obama validates his particular approach here, which is that middle class people should not have a burden placed upon their shoulders. the working classes should not be punished, and god knows the working poor should not be further marginalized in this economy by trying to give goodies and treats to the republicans. they are playing grinch for -- the grinches who stole the christmas of working class people here, and president obama is trying to talk about the spirit of generosity and common sense of the american people. so what he's been trying to say is, i'm not going to budge, and i think he's got a reassured approach here. the american public has spoken. president obama has girded up his lions and he's digging in his heels. it may be one of these right before the stroke of midnight that he says, look, i have no other choice here. we're not going to have this mexican standoff, so to speak, and i have to get out of the way in the game of chicken. recogniz otherwise, ear all going to be soup at the end of the day. >> harry reid cites paul ryan as one of tho
the re-election of president obama validates his particular approach here, which is that middle class people should not have a burden placed upon their shoulders. the working classes should not be punished, and god knows the working poor should not be further marginalized in this economy by trying to give goodies and treats to the republicans. they are playing grinch for -- the grinches who stole the christmas of working class people here, and president obama is trying to talk about the spirit...
SFGTV2: San Francisco Government Television
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well today through president obama's leadership, secretarlahood leadership, the vision of the leaders on the stage we are here to commit $942 million to fulfill that promise. [applause] >> with the signing of this grant agreement we are taking $942 million paid by california taxpayers and to create jobs now when we need them. we're also using those dollars to improve the quality of life, and as jackie spear pointed out plan for the future and economic prosperity of this whole area. when this subway extension opens as senator feinstein pointed out there will be 44,000 people using this light rail line. what she didn't point out that will make it the second or third busiest light rail in the united states. this is an environment that needs to be made and once it's built are gone the days when we have senior citizens watching the drive by and waiting for a bus that won't stop and then they have to stand on the bus and that bus has to crawl through the same traffic as the cars and get there in way too long period of time. means we will get into a elevator and on the rail and get to your d
well today through president obama's leadership, secretarlahood leadership, the vision of the leaders on the stage we are here to commit $942 million to fulfill that promise. [applause] >> with the signing of this grant agreement we are taking $942 million paid by california taxpayers and to create jobs now when we need them. we're also using those dollars to improve the quality of life, and as jackie spear pointed out plan for the future and economic prosperity of this whole area. when...
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republicans have sent the white house a counterproposal in response to a new plan president obama offered up privately yesterday. a boehner aide said the g.o.p. is waiting for the president to identify spending cuts, a point the speaker made on the house floor earlier today while white house press secretary jay carney called on republicans to get serious about revenue. >> where are the president's spending cuts? the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. now, if the president doesn't agree with our approach, he's got an obligation to put forward a plan that can pass both chambers of the congress. because right now the american people have to be scratching their heads and wondering when is the president going to get serious? >> on that question of whether or not we have put forward specific spending cuts, the answer is is we have. not only that, we signed law a trillion dollars in specific spending cuts. so if you combine what is signed into law with what we proposed versus the total absence of any specificity from the republicans f
republicans have sent the white house a counterproposal in response to a new plan president obama offered up privately yesterday. a boehner aide said the g.o.p. is waiting for the president to identify spending cuts, a point the speaker made on the house floor earlier today while white house press secretary jay carney called on republicans to get serious about revenue. >> where are the president's spending cuts? the longer the white house slow-walks this process, the closer our economy...
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they seem willing even now to die on this hill of defending tax cuts for the rich. it's just absolutely inconceivable. and even those who understand that the party needs to change its tone are just talking about a different wrapping. marco rubio talks about basically saying the same things in spanish. saying the same things a bit more nicely. but they're not talking about changing their policies. they still don't have any policies, reverend al, which speak to the needs and aspirations of ordinary americans. >> now, richard, when you look at glenn beck. part of the gop's problem is the split between the extreme and the mainstream. here's beck railing against republicans today. listen to this. >> i'm really sick of these republicans who are just progressive republicans who try to talk down to everybody and tell us how smart they are and how everybody else is just so stupid. i don't speak for the republicans. i don't want to speak for the republicans. i speak for me. i tell you how i feel. i don't want to speak for the republicans. i wish the republicans would stop spe
they seem willing even now to die on this hill of defending tax cuts for the rich. it's just absolutely inconceivable. and even those who understand that the party needs to change its tone are just talking about a different wrapping. marco rubio talks about basically saying the same things in spanish. saying the same things a bit more nicely. but they're not talking about changing their policies. they still don't have any policies, reverend al, which speak to the needs and aspirations of...
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president obama and house speaker john boehner met privately sunday in a surprise meeting, but they're not commenting much in public on whether there's been much progress. joining me now is political science professor and political chief correspondent for politics 365, jason johnson, and republican strategist, ron bon john. some say the fact that we're not hearing much of washington is a good sign, and in this case, silence is golden. you guys agree? >> yeah, i definitely do. look, one of the things that we've got to realize here is that the more that this fight takes place in public, the less is being done behind closed doors, because everyone feels that they have to justify the public rhetoric. so i think that we have two silences going on. there's barack obama and john boehner working things out and the republicans realizing that they've got to find a way to negotiate. so silence is golden for christmas season. >> do you agree, ron bonjean? >> yes, i completely agree. i think that silence is best. and right now while they're figuring out how to put a deal together, i think the presi
president obama and house speaker john boehner met privately sunday in a surprise meeting, but they're not commenting much in public on whether there's been much progress. joining me now is political science professor and political chief correspondent for politics 365, jason johnson, and republican strategist, ron bon john. some say the fact that we're not hearing much of washington is a good sign, and in this case, silence is golden. you guys agree? >> yeah, i definitely do. look, one of...
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president obama says his plan reduces the deficit we $4 trillion over 10 years. forget the fact that it counts war savings which shouldn't count and go with the $4 trillion. house speaker john boehner said his plan cuts $2.2 trillion over 10 years. think about $16 trillion. that's how much debt this country has and according to bill gross, the man who runs the world's biggest bond fund, the guy that decides to lend money to the united states and how much we have to pay to borrow, says we have to cut spending or raise taxes by 11% of gdp over next 10 years and according to gross that's $1.6 trillion a year. that is, let's just make this clear, $1.2 trillion a year more than the president proposes and $1.38 trillion a year more than john boehner has offered. yeah. peanuts. i recently spoke with erskine bowles, the bowles in simpson-bowles and even he agreed that bill gross is right. >> absolutely. he's 100% right. i don't know if 16's number but i would be happier at $5 trillion or $6 trillion because that's what we need to solve the problem long term. >> those are
president obama says his plan reduces the deficit we $4 trillion over 10 years. forget the fact that it counts war savings which shouldn't count and go with the $4 trillion. house speaker john boehner said his plan cuts $2.2 trillion over 10 years. think about $16 trillion. that's how much debt this country has and according to bill gross, the man who runs the world's biggest bond fund, the guy that decides to lend money to the united states and how much we have to pay to borrow, says we have...
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how do we cut the defense budget now? >> jim, i'm not disagreeing with you. >> what's the -- >> first audit of the defense firms we don't even know where the money is being spent. i'm not disagreeing with you on defense. you want to really attack what's going to be an explosion in costs, it's brom ma care. obama care is so vastly or grocery underestimated in terms of costs. i mean currently, the current budget window is $1.7 billion. when true spending kicks in $2.5 and that assumes only 1 million employees lose employee sponsored care, get dumped in highly subsidized -- >> some -- >> people have their head in the sand on that one. that will add trillions of dollars to our deficit and nobody wants to talk about it. nobody's talking about medicare anymore. because the democrats have taken that off the table. i'm asking the democrats, show us your plan. then i know what i'm going to compromise with. >> but in theory there is a plan that would exist that you would say, okay, i'm not going to go along with the pledge that i s
how do we cut the defense budget now? >> jim, i'm not disagreeing with you. >> what's the -- >> first audit of the defense firms we don't even know where the money is being spent. i'm not disagreeing with you on defense. you want to really attack what's going to be an explosion in costs, it's brom ma care. obama care is so vastly or grocery underestimated in terms of costs. i mean currently, the current budget window is $1.7 billion. when true spending kicks in $2.5 and that...
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president obama and i guess the democratic leaders said we won't even talk about it. no money, no savings, no review of food stamps. it can't be changed. it should be left alone. well, that's not a good plan. i as the ranking member on the budget committee have begun to look at the program to see how it is we have had such great increases. now the agriculture establishment says that every single dollar that's spent is needed for hungry people. i offered an amendment that would have reduced spending over ten years from $800 billion total to $792 billion, reducing spending by $8 billion based on closing a loophole, a categorical eligibility gimmick that should not be there, allowing people to receive benefits that didn't qualify for them. and it was said oh, you want people to be hungry. he was voted down. i thought it was a very modest, reasonable change. by the way, the agriculture spending in our government is different than a lot of people think. mr. president, what is the status of our time? the presiding officer: time for morning business has expired, sir. mr. ses
president obama and i guess the democratic leaders said we won't even talk about it. no money, no savings, no review of food stamps. it can't be changed. it should be left alone. well, that's not a good plan. i as the ranking member on the budget committee have begun to look at the program to see how it is we have had such great increases. now the agriculture establishment says that every single dollar that's spent is needed for hungry people. i offered an amendment that would have reduced...
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we don't know what it is speaker baner and barack obama are hashing out behind closed doors but more republicans are gravitating to the idea of compromising on a tax rate increase so long as they can get what they want for spending and entitlement cuts. listen. >> those rates are going up. we either act now to keep them from going up from as many people as possible or they will go up on everyone. that's a disaster. let's recognize reality, take care of as many people as we can. >> meanwhile, you're right. the president was in detroit where he continued his outside-inside game of running a campaign-style effort to jin up popular support for the fiscal cliff. because he was in michigan he took a whack at the proposed legislation -- the so-called right to work legislation. listen to the president. >> these so-called right to work laws don't have to do with economics. they have to do with politics. [ cheers ] they're really talking about giving you the right to work for less money. >> obviously a pro union crowd there. a lot of folks from the uaw there in detroit. but the president conti
we don't know what it is speaker baner and barack obama are hashing out behind closed doors but more republicans are gravitating to the idea of compromising on a tax rate increase so long as they can get what they want for spending and entitlement cuts. listen. >> those rates are going up. we either act now to keep them from going up from as many people as possible or they will go up on everyone. that's a disaster. let's recognize reality, take care of as many people as we can. >>...
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obama wants to raise them for households earning more than $250,000 a year. he has so far resisted gop demands for spending cuts to health care or education. >> i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks and then we're asking students to pay higher student loans. >> reporter: even so, democrats worry mr. obama might cave to republicans, their biggest fear, the president will do what he considered in 2011, raise the eligibility age for medicare, a top house democrat monday warned the white house to tread lightly. >> now that would save a lot of money for the federal government and look good on the balance sheet but he's not going to vote for it and i'm not going to vote for it. >> reporter: this is a big part of the story to come. if there's a deal that's a huge break-through but lawmakers still have to vote for it and democrats oppose large structural cuts to medicare and most republicans oppose income tax rates on the so-called wealthy. that's why lawmakers were told not to make bi
obama wants to raise them for households earning more than $250,000 a year. he has so far resisted gop demands for spending cuts to health care or education. >> i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks and then we're asking students to pay higher student loans. >> reporter: even so, democrats worry mr. obama might cave to republicans, their biggest fear, the president will do what he considered in 2011,...
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Dec 11, 2012
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john boehner said his plan cuts $2.2 trillion over ten years. you shouldn't be comparing those two nubs. what you should think about is $16 trillion. that's how much debt the country has. according to bill groesdz, the man who runs the biggest fund, ie, the man who decides how much we can spend and borrow, we have to cut spending or raise taxes. that's $1.6 trillion a year. that's $1.2 trillion a year more than the president proposes. and $1.38 trillion a year more than john boehner has offered. yeah. peanuts. i recently spoke with erskine bowles, the bowles of simpson-bowles, and he agrees that he's right. >> absolutely. he's 1pen hearst right. i don't know if 16 is the number, but i would be happier at $5 trillion or $6 trillion because that's what we need to solve the number long term. >> those are big numbers. i want to bring in john avlon right now. this is what i find so incredible. we get so focused on is there going to be a deal, and the politics of a deal and going off the cliff and if the cliff is a slope that we're missing the bigger
john boehner said his plan cuts $2.2 trillion over ten years. you shouldn't be comparing those two nubs. what you should think about is $16 trillion. that's how much debt the country has. according to bill groesdz, the man who runs the biggest fund, ie, the man who decides how much we can spend and borrow, we have to cut spending or raise taxes. that's $1.6 trillion a year. that's $1.2 trillion a year more than the president proposes. and $1.38 trillion a year more than john boehner has...
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Dec 11, 2012
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how are those behind the scenes talks going between president obama and the speaker? >> i want people to know that the president and i met on sunday. it was a nice meeting. it was cordal. we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. you know, where are the president's spending cuts? >> flash point, syria. has assad backed off his chemical weapons threat? >> we haven't seen anything new for aggressive steps to move forward in that way. >> and hair envy. what will harry reid miss most about retired senator ben nelson? >> he had a lot of real hair. it's often that people call his office -- they believe he has a toupe. it's his hair. he will pull it for every time just to show you that it's real. i mean, he has hair like a 15-year-old, mr. president, and so i have to acknowledge i am a little envious of his hair. ♪ i want it long, straight, curly, fuzzy ♪ >> you wonder why we don't have a budget deal yet. good day. i'm andrea mitchell live
how are those behind the scenes talks going between president obama and the speaker? >> i want people to know that the president and i met on sunday. it was a nice meeting. it was cordal. we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. you know, where are the president's spending cuts? >> flash point, syria. has assad backed off his chemical weapons threat?...